Smart meter policy framework post 2020: minimum annual targets and reporting thresholds for energy suppliers (update)

In June 2020 the government confirmed a new 4-year smart metering policy framework to start on 1 July 2021, following a 2019 consultation. This framework was designed to drive the consistent, long-term investment needed to achieve high levels of smart meter coverage by setting annual targets and providing regulatory certainty.

The consultation proposes to set each energy supplier an individual target on a trajectory to 100% coverage, subject to annual tolerance levels that apply across industry as a percentage of their customer base. This would create a minimum installation quantity that an energy supplier must achieve in each year of the new framework.

The consultation also asks for views on reducing the reporting threshold for large energy suppliers.

See the BEIS consultation privacy notice.